Pictures Steve sent me from Vegas so far

Posted by matt on 15th of Nov 2018 at 09:55 am
Title: Pictures Steve sent me from Vegas so far

is that Steve driving the

Posted by morton7 on 15th of Nov 2018 at 04:25 pm

is that Steve driving the Zamboni, lol...

That's amazing!  Glad to see

Posted by dsomes on 15th of Nov 2018 at 04:11 pm

That's amazing!  Glad to see they have lots of snacks at that cannabis conference.

Nice!!!! 

Posted by mla127 on 15th of Nov 2018 at 10:14 am

Nice!!!! 

$XAD, Australia Dollar, 2 hr

Posted by elliotw on 15th of Nov 2018 at 05:29 pm

$XAD, Australia Dollar, 2 hr chart,  Double bottom and Inverse H&S. The Aussie $ is correlated to its commodity sales to China (Coal, Iron Ore) . A upward break in the $XAD may mean a drop in the $USD and a lift in commodity prices.

the charts are in the email

is that Steve driving the Zamboni, lol...

nah, I'll wait for all the gaps to fill below in UGAZ  

That's amazing!  Glad to see they have lots of snacks at that cannabis conference.

pzza daily, nice pop eod

Posted by morton7 on 15th of Nov 2018 at 04:01 pm

pzza daily, nice pop eod with activist chatter when really it was just filling the gaps...

SUP new insider play

Posted by matt on 15th of Nov 2018 at 03:53 pm

SUP - Chart Link - here's a new insider play, looks like it broke symmetry on that last bounce, so possible lower high in place, could try a long with a stop at the doji low today, or just monitor it to see if a clearer pattern fleshes out over time

sitting right at the 20 day ema.  anybody taking a position here?? gulp. doing a partial.....

ha yeah good terminology 'widow maker'

corporate debt to GDP all time high, suggests overtime HYG and JNK probably gonna fall a lot, that needs to converge back overt time,

another chart shows liquidity:  Fed total assets, ECB, BOJ, BOE total assets. Obviously has that has went up since 2009 so has the market as those funds rotated into the market. an unwinding of this will only retract capital from the market

anyway longer term charts guys, nothing to do with short term moves we are having here today etc, but over time support the bear market idea

they let the air out

Posted by roger on 15th of Nov 2018 at 03:36 pm

they let the air out of UGAZ today and is now stuck between two gaps -  not done yet.  Cold weather hasn't even started yet.

who wants to dance with the widow maker?

JCP daily,nice bounce on earnings,

Posted by morton7 on 15th of Nov 2018 at 03:20 pm

JCP daily,nice bounce on earnings, maybe breaks out.

SPX 15 and 10 min charts

Posted by matt on 15th of Nov 2018 at 03:07 pm

$SPX - Chart Link - interesting how a 61.8% Fib retrace from the lows to last week highs comes right at 2760 which is also the 200 day MA on the daily chart! So that's a big level

$SPX - Chart Link - here's a 10 min chart, we broke symmetry of course, I updated the channels

BNED follow up

Posted by matt on 15th of Nov 2018 at 03:00 pm

BNED - Chart Link - been on the watchlist since Monday, popped out

PAH insider follow up

Posted by matt on 15th of Nov 2018 at 02:57 pm

PAH - Chart Link - big move today, remember this one's been on the list since last week, that last move off the lows had a symmetry break so I said to look for a higher low. If you are in stop at today's lows. luckily I picked some up this morning when it was slightly positive

yep looks like a good trigger on the daily doji now. I had already added it to my newsletter for tonight noting the doji forming

Thx!  nice divergence to boot ....  i'll watch this one closely 

LKSD comments

Posted by matt on 15th of Nov 2018 at 02:21 pm

LKSD - Chart Link - I re-drew the pattern, I still like it over the 10.45-10.5 area

ECA new trigger .... nat

Posted by ridgetopab on 15th of Nov 2018 at 02:19 pm

ECA new trigger .... nat gas price jump should eventually impact earnings +ve

AOBC follow up

Posted by matt on 15th of Nov 2018 at 02:19 pm

AOBC - Chart Link - been on the list for a while, could argue that it had a slight break today, stops should go at today's low

Newsletter

Subscribe to our email list for regular free market updates
as well as a chance to get coupons!